# Find the Percentage of Profit in a Radio Set

The price of a radio set is raised by 40% above the cost price and sold at a discount of 10%. What will be percentage of profit

- 30%
- 25%
- 26%
- 14%

**Answer: (3) 26%**

**Explanation:-**

Let be the cost price of a radio = Rs.100

Above 40%

Then, Cost price = 100 + 100 x 40/100

= 100 + 40 = Rs.140

He gave 10% discount

Then, S.P. = 140 – 140 x 10 /100

= 140 – 14 = 126

Profit% = 126 – 100 = 26%

Hence, the answer is (3) 26%.